(Closed) Paying off my student loans

posted 7 years ago in College
Post # 4
11325 posts
Sugar Beekeeper
  • Wedding: February 2011

lol I’ll let you know how I celebrate when I pay them off… in 2028. Oy. 


Congrats though!

Post # 5
813 posts
Busy bee
  • Wedding: December 1969

congrats!!!!! that must feel awesome! since you are used to that amount coming out, put it in savings! maybe some for retirement, and some for future plans? once you are used to it coming out you might as well keep it going! (but for things more exciting than debt!)


Post # 6
329 posts
Helper bee
  • Wedding: August 2011

@CorgiTales: LOL same. I graduated in 2008 with a great degree and an equally great amount of student loans. I am only now paying more than the minimum payment. I don’t even look at the statements, because they just make me ill.

Congrats though!! That is a huge accomplishment, I would celebrate with something great!

Post # 7
3000 posts
Sugar bee
  • Wedding: July 2012

Ah I can’t wait to finish paying off my student loans! I think I only have a year or two (maximum) left before I’m all paid off! I think that’s pretty good considering I graduated at 21 and I’m only 23 now!

For the first six months, I paid $1,000 per month toward my loan (since I wasn’t paying rent at the time) and after that I lowered it to $500 per month. After I’m done paying it off, the money will go toward a house or savings for future children (and their college funds!)



Post # 8
230 posts
Helper bee
  • Wedding: June 2011 - Spring Grove Park & St. George Banquet Center

Congratulations! I wish I could say the same for Darling Husband and I, but alas… it will be a loooong time before that happens.

I agree with @Soladylike:, max out that 401k!

Post # 9
5118 posts
Bee Keeper
  • Wedding: November 1999

@redheadem:Woohoo! Good for you! I agree with @Soladylike:, start paying your future-self 🙂

Did you pay them off min or were you pumping extra into them? I graduate soon, and people think I’m crazy to want to pay them off early, but 6.8% is not as nice as the 1.6% that my fist student loan had. These things are crazy!

ETA- I LOVE your avatar 🙂

Post # 10
5977 posts
Bee Keeper

Congratulations! It’s such a good feeling, isn’t it? We’re still going on ours, but it’s b/c we locked in with our rate being so low. We did just pay off my car which is another $300+ per month that is going straight into savings…yay!

Post # 11
1844 posts
Buzzing bee

WooHoo! Congrats Girl~!

I paid off my undergrad loans a year ago but kept putting the money away in savings for my grad program. I got a few scholarships this time around so I am saving the extra just as before with a hopes to not have to work or go down to part time while doing my thesis.

Post # 12
573 posts
Busy bee
  • Wedding: June 2014

Congrats! I can’t wait to say that…in 2030. Wow it looks so much worse to write it out.

Post # 13
7291 posts
Busy Beekeeper
  • Wedding: October 2011

Well if you don’t mind me asking, how much did you have to pay off and when did you start?

Thats awesome!!

Post # 14
2214 posts
Buzzing bee

Congrats! I can’t wait for that day to come.  I have about $175k in student loans from undergrad + law school (extremely little help from my parents).  I just graduated from law school in 2011, and I hope to have everything paid off by 2021.  All my federal loans are on 10-year repayment plans, and I refuse to lengthen them.  My private loans are on 30-year repayment plans, but I’m trying pay those off in 10 years as well.  Ugh… even 10 years seems like so long!

Post # 16
768 posts
Busy bee
  • Wedding: June 2012

Yay! Congrats! I used my extra $$ to save for a downpayment for a house.

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